JAVALI: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JAVALI
Largest movements
- Cash +€49,541
up €49,541 (+52.4%), from €94,493 to €144,034
mainly Net result for the year (+€114,322) and Depreciation (+€21,006)
- Stocks and contracts -€7,431
no longer reported in 2025 (was €7,431)
- Reserves +€61,491
up €61,491 (+30.5%), from €201,830 to €263,322
- Debts after one year -€26,442
down €26,442 (-13.9%), from €190,888 to €164,446
- Tax, wage and social debts +€8,176
up €8,176 (+196.2%), from €4,167 to €12,343
of which Taxes: +€9,316
- Trade debts -€5,927
down €5,927 (-66.4%), from €8,923 to €2,996
- Gross operating margin +€55,343
up €55,343 (+38.7%), from €143,183 to €198,526
- Taxes +€14,823
up €14,823 (+76.9%), from €19,284 to €34,107
- Other operating charges -€12,643
down €12,643 (-81.5%), from €15,519 to €2,876
- Depreciation -€7,139
down €7,139 (-25.4%), from €28,145 to €21,006
- Staff costs -€4,030
down €4,030 (-19.6%), from €20,592 to €16,562
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €439,184 | €475,941 | +€36,758 | +8.4% |
| Fixed assets | 21/28 | €326,486 | €325,301 | -€1,185 | -0.4% |
| Tangible fixed assets | 22/27 | €326,426 | €325,301 | -€1,125 | -0.3% |
| Land and buildings | 22 | €277,326 | €269,928 | -€7,398 | -2.7% |
| Plant, machinery and equipment | 23 | €40,565 | €12,242 | -€28,323 | -69.8% |
| Furniture and vehicles | 24 | €8,535 | €43,131 | +€34,596 | +405.3% |
| Financial fixed assets | 28 | €60 | - | -€60 | |
| Current assets | 29/58 | €112,697 | €150,640 | +€37,943 | +33.7% |
| Stocks and contracts in progress | 3 | €7,431 | - | -€7,431 | |
| Stocks | 30/36 | €7,431 | - | -€7,431 | |
| Amounts receivable within one year | 40/41 | €5,701 | €4,598 | -€1,103 | -19.4% |
| Trade receivables | 40 | €147 | - | -€147 | |
| Other amounts receivable | 41 | €5,554 | €4,598 | -€956 | -17.2% |
| Cash at bank and in hand | 54/58 | €94,493 | €144,034 | +€49,541 | +52.4% |
| Deferred charges and accrued income | 490/1 | €5,072 | €2,008 | -€3,064 | -60.4% |
| Total equity and liabilities | 10/49 | €439,184 | €475,941 | +€36,758 | +8.4% |
| Equity | 10/15 | €202,030 | €263,522 | +€61,491 | +30.4% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €201,830 | €263,322 | +€61,491 | +30.5% |
| Distributable reserves | 133 | €201,830 | €263,322 | +€61,491 | +30.5% |
| Amounts payable | 17/49 | €237,153 | €212,420 | -€24,734 | -10.4% |
| Amounts payable after more than one year | 17 | €190,888 | €164,446 | -€26,442 | -13.9% |
| Financial debts | 170/4 | €190,888 | €164,446 | -€26,442 | -13.9% |
| Amounts payable within one year | 42/48 | €45,929 | €47,974 | +€2,044 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €25,889 | €26,442 | +€553 | +2.1% |
| Financial debts | 43 | €5,554 | €5,899 | +€345 | +6.2% |
| Credit institutions | 430/8 | €5,554 | €5,899 | +€345 | +6.2% |
| Trade debts | 44 | €8,923 | €2,996 | -€5,927 | -66.4% |
| Suppliers | 440/4 | €8,923 | €2,996 | -€5,927 | -66.4% |
| Taxes, remuneration and social security | 45 | €4,167 | €12,343 | +€8,176 | +196.2% |
| Taxes | 450/3 | €3,019 | €12,334 | +€9,316 | +308.6% |
| Remuneration and social security | 454/9 | €1,149 | €9 | -€1,140 | -99.2% |
| Other amounts payable | 47/48 | €1,396 | €294 | -€1,102 | -78.9% |
| Accrued charges and deferred income | 492/3 | €336 | - | -€336 | |
| Non-recurring operating income | 76A | - | €87,126 | +€87,126 | |
| Remuneration, social security and pensions | 62 | €20,592 | €16,562 | -€4,030 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,145 | €21,006 | -€7,139 | -25.4% |
| Other operating charges | 640/8 | €15,519 | €2,876 | -€12,643 | -81.5% |
| Gross operating margin | 9900 | €143,183 | €198,526 | +€55,343 | +38.7% |
| Operating profit (loss) | 9901 | €78,926 | €158,082 | +€79,155 | +100.3% |
| Financial income | 75/76B | €2 | €0 | -€2 | -76.2% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -76.2% |
| Financial charges | 65/66B | €8,926 | €9,653 | +€726 | +8.1% |
| Recurring financial charges | 65 | €8,926 | €9,653 | +€726 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €70,002 | €148,429 | +€78,427 | +112.0% |
| Income taxes | 67/77 | €19,284 | €34,107 | +€14,823 | +76.9% |
| Profit (loss) for the period | 9904 | €50,718 | €114,322 | +€63,604 | +125.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,718 | €114,322 | +€63,604 | +125.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.